Want $1,000 in Dividend Income? Here's How Much You Have to Invest in UPS Stock to Get It
United Parcel Service (NYSE: UPS) stock currently offers a compelling 4.7% dividend yield. Based on that yield, an investment of $21,276 in the stock would buy almost 157 shares that would generate roughly $1,000 in annual income in 2024. That's a pretty decent return all by itself.
There's also potential for UPS' stock to appreciate if this multinational shipping receiving and supply chain management company hits its three-year earnings targets as laid out in its late March investor day presentation.
Investing in a stock for its dividend makes no sense unless the dividend is sustainable and the stock and dividend have the potential to rise. The good news is that UPS appears to have both qualities.
Source Fool.com
United Parcel Service Inc. Aktie
114,66 €
0,05 %
Positive Stimmung für United Parcel Service Inc. mit mehreren Buy- gegenüber Sell-Einschätzungen.
Ein prognostiziertes Kursziel von 157 € für United Parcel Service Inc. zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 114.66 €.
